The cheque by which the shareholders are paid the dividend is


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asked Dec 23, 2011 in Books Questions by anonymous
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Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. 

 When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be distributed to shareholders. There are two ways to distribute cash to shareholders: share repurchases or dividends.
answered Jan 15, 2012 by jeet sagar Moderator (1,034,200 points)

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